# The Sensex jumped over 2,700 points and the Nifty climbed above 23,950.

*business · news · 2026-04-08 · The Financial Express*

## Key points

- A two-week US-Iran ceasefire has been announced, easing geopolitical tensions in West Asia.
- Crude oil prices have dropped over 13%, with Brent crude falling close to $95 per barrel.
- The Nifty Auto and Realty indices surged over 6% each, leading a broad-based sectoral rally.
- The India VIX Volatility Index crashed 20% intra-day, indicating sharply reduced investor fear.
- Asian markets also rallied strongly, with the Nikkei jumping 5% and South Korea's index up 6%.

**Companies:** Kotak Mahindra AMC, Geojit Investments
**Countries:** India, United States, Iran

[Read the full story on The Financial Express](https://www.financialexpress.com/market/sensex-jumps-2700-pts-nifty-nears-24000-5-reasons-why-the-bulls-are-back-after-us-iran-ceasefire-4199508/)

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